About Postcard
Postcard is a company based in Bengaluru (India) founded in 2019 by Ashish Ashok Nichani and Sudarsan Metla Srihari was acquired by Wingreens World in April 2022. Postcard has raised $1.14 million across 2 funding rounds from investors including Angel List, Wingreens World and Wellfound. The company has 6 employees as of April 08, 2024. Postcard operates in a competitive market with competitors including natch, Priniti Foods, Frylo, The Mumum and Kindaba, among others.
- Headquarter Bengaluru, India
- Employees 6 as on 08 Apr, 2024
- Founders Ashish Ashok Nichani, Sudarsan Metla Srihari
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Dharmya Business Ventures Private Limited
- Date of Incorporation 15 May, 2019
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$799.56 K (USD)10.44as on Mar 31, 2023
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Net Profit
-$945.96 K (USD)-130.62as on Mar 31, 2023
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EBITDA
-$916.17 K (USD)-108.55as on Mar 31, 2023
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Total Equity Funding
$1.14 M (USD)
in 2 rounds
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Latest Funding Round
$558.91 K (USD), Seed
Oct 12, 2020
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Investors
Angel List
& 22 more
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Employee Count
6
as on Apr 08, 2024
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Acquired by
Wingreens World
(Apr 29, 2022)
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Funding Insights of Postcard
Postcard has successfully raised a total of $1.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $558.91 thousand completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $558,911
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First Round
First Round
(12 Jul 2019)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Postcard | Valuation | Sauce , Matterhorn Projects | |
| Jul, 2019 | Amount | Seed - Postcard | Valuation | Sauce |
Investors in Postcard
Postcard has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wingreens World and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in early-stage consumer brand sectors
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Postcard
Financial Statements - Postcard
Postcard Comparisons
Competitors of Postcard
Postcard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as natch, Priniti Foods, Frylo, The Mumum and Kindaba, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Brand of extruded snacks
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| domain | founded_year | HQ Location |
Extruded namkeen snacks are produced and distributed by Priniti Foods.
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| domain | founded_year | HQ Location |
Potato-based ready-to-eat Indian snacks are produced and sold by Frylo.
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| domain | founded_year | HQ Location |
Snack products are manufactured and marketed under the Mumum brand.
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| domain | founded_year | HQ Location |
Operates a social networking platform designed for families.
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| domain | founded_year | HQ Location |
Manufactures traditional Indian namkeen and fryums snacks for distribution and dealership.
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Frequently Asked Questions about Postcard
Postcard was founded in 2019.
Postcard is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ashish Ashok Nichani is the current CEO of Postcard. They have also founded this company.
Postcard is a funded company, having raised a total of $1.14M across 2 funding rounds to date. The company's 1st funding round was a Seed of $585.01K, raised on Jul 12, 2019.
As of Apr 08, 2024, the latest employee count at Postcard is 6.
Annual revenue of Postcard is $799.56K as on Mar 31, 2023.
Postcard was established in 2019 in Bengaluru, India, as a brand specializing in extruded snacks within the food industry. Operations are centered on production and distribution of these snack products. The company is led by co-founders Ashish Ashok Nichani, serving as CEO, and Sudarsan Metla Srihari, as COO. Focus remains on the Indian market, with activities based in Bengaluru.
Postcard's top competitors include Priniti Foods, Frylo and The Mumum.
Postcard has 23 investors. Key investors include Angel List, Wingreens World, Wellfound, Axilor Ventures, and Sauce.
The valuation of Postcard is $3.28M as of Oct 2020.